MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2021-22

315 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2021-22 7. Other Intangible Assets Rupees crores Particulars Development Expenditure Computer Software Brand License & Trademarks Others Total COST Balance as at 1 st April, 2020 ............................................... 8,044.46 813.39 175.77 437.39 9,471.01 Additions.............................................................................. 887.08 83.79 0.88 14.24 985.99 Foreign exchange translation differences......................... 272.28 21.37 3.30 (10.19) 286.76 Deductions........................................................................... (275.38) (99.85) — (33.56) (408.79) Deconsolidation / disposal of subsidiaries......................... (3,446.63) (290.46) (34.65) (10.10) (3,781.84) Balance as at 31 st March, 2021 . ......................................... 5,481.81 528.24 145.30 397.78 6,553.13 Balance as at 1 st April, 2021 ............................................... 5,481.81 528.24 145.30 397.78 6,553.13 Additions.............................................................................. 1,207.02 45.44 — 38.44 1,290.90 Acquisitions through business combinations.................... — 0.54 — — 0.54 Foreign exchange translation differences......................... 2.98 (2.35) (0.29) (2.53) (2.19) Deductions........................................................................... (1,142.95) (8.91) — (1.15) (1,153.01) Disposal of subsidiaries....................................................... (19.56) (1.25) — (5.37) (26.18) Balance as at 31 st March, 2022 . ......................................... 5,529.30 561.71 145.01 427.17 6,663.19 ACCUMULATED AMORTISATION AND IMPAIRMENT Balance as at 1 st April, 2020 ............................................... 4,829.45 665.42 47.79 168.57 5,711.23 Amortisation expense for the year.................................... 880.88 70.45 5.94 27.66 984.93 Amortisation expense for the year from discontinued operations............................................................................ 298.89 12.61 2.28 — 313.78 Impairment losses recognised in the consolidated statement of profit and loss* $......................................... 630.42 0.96 0.26 45.96 677.60 Foreign exchange translation differences......................... 225.25 19.85 2.54 (9.74) 237.90 Deductions........................................................................... (275.30) (99.62) — (33.21) (408.13) Deconsolidation / disposal of subsidiaries......................... (3,130.84) (267.43) (29.04) — (3,427.31) Balance as at 31 st March, 2021 . ......................................... 3,458.75 402.24 29.77 199.24 4,090.00 Balance as at 1 st April, 2021 ............................................... 3,458.75 402.24 29.77 199.24 4,090.00 Amortisation expense for the year.................................... 865.57 66.63 5.93 29.69 967.82 Impairment losses recognised in the consolidated statement of profit and loss #........................................... 6.60 2.73 — — 9.33 Foreign exchange translation differences......................... 2.95 (2.33) (0.20) (1.02) (0.60) Deductions........................................................................... (1,142.95) (8.91) — (1.15) (1,153.01) Disposal of subsidiaries....................................................... (19.56) (1.25) — (5.37) (26.18) Balance as at 31 st March, 2022 . ......................................... 3,171.36 459.11 35.50 221.39 3,887.36 NET CARRYING AMOUNT Net carrying amount as at 31 st March, 2021. ................... 2,023.06 126.00 115.53 198.54 2,463.13 Net carrying amount as at 31 st March, 2022 .................... 2,357.94 102.60 109.51 205.78 2,775.83 * Impairment losses are recognised in the consolidated statement of profit and loss as a part of exceptional items. # Out of impairment losses recognised in the consolidated statement of profit and loss, Rs. 9.01 crores and Rs. 0.32 crores has been recognised in exceptional items and depreciation and amortisation expense, respectively. $ Impairment losses included Rs. 572.40 crores related to discontinued operations. Note: Others include technical knowhow, customer relationships, etc.